Cholamandalam Investment & Finance Chief Manager Salaries by 20+ Employees (Updated 2025)

5 - 13 years exp.

₹6.5 Lakhs - ₹10 Lakhs

Salary of majority employees

62% less than the average Chief Manager Salary in Financial Services Companies for 5 - 13 years of experience

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Salaries in different departments

Sales & Business Development Chief Manager Salary 6 - 11 years exp. (7 salaries)	₹6.5 L/yr - ₹9.1 L/yr
Finance & Accounting Chief Manager Salary 5 - 13 years exp. (4 salaries)	₹8.2 L/yr - ₹9.5 L/yr
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Customer Success, Service & Operations Chief Manager Salary 8 - 13 years exp. (3 salaries)	₹6.9 L/yr - ₹10 L/yr
IT & Information Security Chief Manager Salary 5 - 10 years exp. (3 salaries)	₹7.5 L/yr - ₹9.7 L/yr
Marketing & Communication Chief Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹9.3 L/yr

View all

Last Updated: 21 Mar 2025

Companies similar to Cholamandalam Investment & Finance for Chief Manager

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bharat Chief Manager Salary 10 - 19 years exp. (30 salaries)	₹7.5 L/yr - ₹19.7 L/yr 63% more
Aditya Birla Capital Chief Manager Salary 6 - 16 years exp. (26 salaries)	₹14 L/yr - ₹34.2 L/yr 150% more
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Bajaj Finserv Chief Manager Salary 10 - 13 years exp. (5 salaries)	₹14.2 L/yr - ₹28.1 L/yr 196% more
Aon Chief Manager Salary 12 - 15 years exp. (5 salaries)	₹17.2 L/yr - ₹23 L/yr 138% more
The Muthoot Group Chief Manager Salary 13 - 19 years exp. (4 salaries)	₹10 L/yr - ₹19 L/yr 63% more
Motilal Oswal Financial Services Chief Manager Salary 9 - 15 years exp. (3 salaries)	₹8.5 L/yr - ₹22 L/yr 87% more
Citicorp Chief Manager Salary 5 - 14 years exp. (3 salaries)	₹7.6 L/yr - ₹22.8 L/yr 80% more
Shriram Group Chief Manager Salary 15 - 16 years exp. (3 salaries)	₹24.3 L/yr - ₹31 L/yr 221% more

Chief Manager salary at Cholamandalam Investment & Finance ranges between ₹6.5 Lakhs to ₹10 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 24 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Chief Manager salaries

Last Updated: 21 Mar 2025

Experience	Avg Annual Salary
5 years (3 salaries)	₹3.4 L/yr - ₹9.5 L/yr
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹15.2 L/yr
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7 years (4 salaries)	₹6.5 L/yr - ₹15.2 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹8 L/yr - ₹9.7 L/yr
10 years (4 salaries)	₹7.5 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹15.1 L/yr
12 years (3 salaries)	₹6.5 L/yr - ₹9.2 L/yr
13 years (3 salaries)	₹6.9 L/yr - ₹9.5 L/yr

View all

Similar Designation salaries in Cholamandalam Investment & Finance

Area Manager Salary

(69 salaries)

₹5.1 L/yr - ₹16.5 L/yr

Sales Manager Salary

(75 salaries)

₹2 L/yr - ₹9.11 L/yr

Credit Manager Salary

(149 salaries)

₹2 L/yr - ₹9.94 L/yr

Cluster Manager Salary

(4 salaries)

₹9.59 L/yr - ₹13 L/yr

Branch Manager Salary

(70 salaries)

₹3 L/yr - ₹10.5 L/yr

Deputy Manager Salary

(163 salaries)

₹1.98 L/yr - ₹9.51 L/yr

Territory Manager Salary

(4 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Operations Manager Salary

(11 salaries)

₹2.97 L/yr - ₹12.45 L/yr

Area Sales Manager Salary

(263 salaries)

₹4.5 L/yr - ₹19.12 L/yr

Sales Officer Salary

(205 salaries)

₹1.2 L/yr - ₹4 L/yr

Salary related reviews for Cholamandalam Investment & Finance

3.9

Rated by 14 employees for salary & benefits

Relationship Manager in Ranchi

Full Time

Finance & Accounting Department

1.0

• posted on 01 Oct 2024

1.0

for Salary and Benefits

Likes

There is literally nothing to like about Cholamandalam Investment & Finance.

Dislikes

...They'll just force you everytime for no reason, company is full of backstabbers. Not even paid my Bonus Amount for this financial year, after mailing me the details with entire amount, they kept the money.

Salary - Bad

+6 more

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Jul 2023

3.0

for Salary and Benefits

Likes

Not Very Good But Satisfactory Salary Compensation

Dislikes

No holidays, You have to work all 7 days a week but as per HR attendance system they mark your attendance 5 days rest 2 days (Saturday & Sunday) are weekly off. Working hours starts early morning from 6 am and there is no fixed time to return back to home. Apart from these if you are in recovery department and if your targets were getting short then you will be forced by seniors to get it achieved through you salary.like this there are many more things which are wrong in this organisation specially in Bihar & Jharkhand.

Skill development - Bad

+4 more

Area Sales Manager in Patna

Full Time

Finance & Accounting Department

2.0

• posted on 06 Sep 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

Dislikes

Working 7 days a week No holiday Self funding for reducing NPA Senior talking in abusing language Down the line they treat as slave and people working here for Pvt Gift volunteer and incentive

Skill development - Bad

+5 more

Branch Sales Manager in Farrukhabad

Full Time

Sales & Business Development Department

3.0

• posted on 05 Jul 2022

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

..., No such parameters were decided for Sales it means everything you have to do . If you assign extra work then you have to communicate on Appointment letter, Also Package was different package seems very good Your incentive part also included in your package. No Social Life after Join that organisation

Salary - Poor

+4 more

Area Sales Manager in Jalgaon

Full Time

Sales & Business Development Department

3.0

• posted on 22 Aug 2023

4.0

for Salary and Benefits

Likes

Salary & benefits

Salary - Good

Dislikes

There is no job security and there is lot of politics , can't give time to family while working there Focus on the task at hand and don't put pressure on the cross sell product & other

Job security - Bad

+1 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Cholamandalam Investment & Finance Chief Manager Salary FAQs

What is the salary of Chief Manager at Cholamandalam Investment & Finance ?

The average salary of a Chief Manager at Cholamandalam Investment & Finance in India typically ranges from ₹6.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Chief Manager at Cholamandalam Investment & Finance earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Chief Manager Salaries at Cholamandalam Investment & Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ Cholamandalam Investment & Finance employees in India.

What is the estimated take home salary of a Chief Manager at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Chief Manager at Cholamandalam Investment & Finance in India typically ranges from ₹61,803 to ₹63,371 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 5 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Cholamandalam Investment & Finance for Chief Manager in India?

Shriram Group	₹24.3 Lakhs to ₹31.0 Lakhs per year
Bajaj Finserv	₹14.2 Lakhs to ₹28.1 Lakhs per year
Aditya Birla Capital	₹14.0 Lakhs to ₹34.2 Lakhs per year
Aon	₹17.2 Lakhs to ₹23.0 Lakhs per year
Motilal Oswal Financial Services	₹8.5 Lakhs to ₹22.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam Investment & Finance, depending on the role and experience level.

What is the salary of a Chief Manager in companies similar to Cholamandalam Investment & Finance in India?

The salary of a Chief Manager at companies similar to Cholamandalam Investment & Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Citicorp	₹7.6 Lakhs to ₹22.8 Lakhs per year
The Muthoot Group	₹10.0 Lakhs to ₹19.0 Lakhs per year
IDFC FIRST Bharat	₹7.5 Lakhs to ₹19.7 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Chief Manager at Cholamandalam Investment & Finance in India?

The salary growth for a Chief Manager at Cholamandalam Investment & Finance depends on factors such as experience, performance, and promotions. On average, a Chief Manager can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience	Average Salary Range
5 years	₹3.4 Lakhs to ₹9.5 Lakhs per year
6 years	₹6.5 Lakhs to ₹15.2 Lakhs per year
7 years	₹6.5 Lakhs to ₹15.2 Lakhs per year
8 years	₹3.4 Lakhs to ₹9.0 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Chief Manager Salaries by Location

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Cholamandalam Investment & Finance Chief Manager Salaries

Cholamandalam Investment & Finance Chief Manager salary in India ranges between ₹6.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Chief Manager salaries in India (Updated 2025)

Companies similar to Cholamandalam Investment & Finance for Chief Manager

Latest annual salaries shared by Cholamandalam Investment & Finance Chief Manager

Experience wise Cholamandalam Investment & Finance Chief Manager salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Relationship Manager in Ranchi

Area Sales Manager in Patna

Area Sales Manager in Patna

Branch Sales Manager in Farrukhabad

Area Sales Manager in Jalgaon

Cholamandalam Investment & Finance Chief Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam Investment & Finance Chief Manager Salaries by Location